Can Greed Save Africa?
Posted on December 2, 2007 - Filed Under Africa
Businessweek this so.
According to the magazine:
In many ways, Africa’s economic situation seems hopeless. While $625 billion in foreign aid has poured in since 1960, there has been no rise in the region’s per capita gross domestic product, notes William R. Easterly, economics professor at New York University. What’s more, from 1976 to 2000, Africa’s […]
World Bank Once Again Gets it Wrong
Posted on December 2, 2007 - Filed Under World Bank
For years people like Dr. Jeffrey Sachs have urged for rich nations to increase their level of aid to impovershed nations and to specifically increase subsides to fertilizer which increases crop yields. The IMF and the World Bank, which have been widely criticized for focuses too much on market-based solutions and fiscal […]
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